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Thread: Transfer of membership in a cc between spouses

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  1. #1
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    Im no tax expert however it will depend firstly on the marital contract the 2 are in.
    If COP then their estate is joint and I dont think there is any tax implication.

    However ANC with or without Accrual things get a bit trickier although Im fairly certain that without accrual is a situation when the 2 estates are seperate in law meaning the sale is treated the same as between 2 strangers - i.e. a tax liability could accrue to the seller.

    SARS should be able to give you guidance on the matter. Look them up and send them an email query.
    Good luck

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    J7J (12-Jan-12)

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